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Side-by-side financial comparison of BELDEN INC. (BDC) and StoneX Group Inc. (SNEX). Click either name above to swap in a different company.
StoneX Group Inc. is the larger business by last-quarter revenue ($1.2B vs $696.4M, roughly 1.7× BELDEN INC.). StoneX Group Inc. runs the higher net margin — 11.6% vs 7.3%, a 4.3% gap on every dollar of revenue. On growth, StoneX Group Inc. posted the faster year-over-year revenue change (81.0% vs 11.4%). BELDEN INC. produced more free cash flow last quarter ($-63.1M vs $-1.3B). Over the past eight quarters, StoneX Group Inc.'s revenue compounded faster (53.5% CAGR vs 7.3%).
Belden Inc. is an American, multinational, publicly traded company specializing in the design, manufacture, and distribution of end-to-end networking, security and connectivity products. The company serves the Industrial Automation Solutions, Smart Buildings and Broadband & 5G markets.
StoneX Group Inc. is an American financial services company. The company operates in six areas: commercial hedging, global payments, securities, physical commodities, foreign exchange and clearing and execution services (CES).
BDC vs SNEX — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $696.4M | $1.2B |
| Net Profit | $51.0M | $139.0M |
| Gross Margin | 37.1% | — |
| Operating Margin | 11.2% | 15.4% |
| Net Margin | 7.3% | 11.6% |
| Revenue YoY | 11.4% | 81.0% |
| Net Profit YoY | -1.8% | 63.3% |
| EPS (diluted) | $1.30 | $2.50 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $696.4M | — | ||
| Q4 25 | $720.1M | $1.2B | ||
| Q3 25 | $698.2M | $32.7B | ||
| Q2 25 | $672.0M | $851.2M | ||
| Q1 25 | $624.9M | $820.4M | ||
| Q4 24 | $666.0M | $663.1M | ||
| Q3 24 | $654.9M | $31.1B | ||
| Q2 24 | $604.3M | $571.8M |
| Q1 26 | $51.0M | — | ||
| Q4 25 | $67.9M | $139.0M | ||
| Q3 25 | $56.7M | $85.7M | ||
| Q2 25 | $61.0M | $63.4M | ||
| Q1 25 | $51.9M | $71.7M | ||
| Q4 24 | $58.4M | $85.1M | ||
| Q3 24 | $53.7M | $76.7M | ||
| Q2 24 | $49.0M | $61.9M |
| Q1 26 | 37.1% | — | ||
| Q4 25 | 36.6% | — | ||
| Q3 25 | 37.7% | 3.7% | ||
| Q2 25 | 38.5% | — | ||
| Q1 25 | 39.3% | — | ||
| Q4 24 | 37.5% | — | ||
| Q3 24 | 37.3% | 3.0% | ||
| Q2 24 | 37.5% | — |
| Q1 26 | 11.2% | — | ||
| Q4 25 | 12.2% | 15.4% | ||
| Q3 25 | 10.9% | 0.3% | ||
| Q2 25 | 11.8% | -1.3% | ||
| Q1 25 | 11.6% | -1.0% | ||
| Q4 24 | 10.4% | -3.2% | ||
| Q3 24 | 11.5% | -0.0% | ||
| Q2 24 | 11.4% | -4.7% |
| Q1 26 | 7.3% | — | ||
| Q4 25 | 9.4% | 11.6% | ||
| Q3 25 | 8.1% | 0.3% | ||
| Q2 25 | 9.1% | 7.4% | ||
| Q1 25 | 8.3% | 8.7% | ||
| Q4 24 | 8.8% | 12.8% | ||
| Q3 24 | 8.2% | 0.2% | ||
| Q2 24 | 8.1% | 10.8% |
| Q1 26 | $1.30 | — | ||
| Q4 25 | $1.70 | $2.50 | ||
| Q3 25 | $1.41 | $0.72 | ||
| Q2 25 | $1.53 | $1.22 | ||
| Q1 25 | $1.27 | $1.41 | ||
| Q4 24 | $1.41 | $1.69 | ||
| Q3 24 | $1.30 | $2.32 | ||
| Q2 24 | $1.19 | $1.25 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $272.2M | $1.6B |
| Total DebtLower is stronger | $1.3B | — |
| Stockholders' EquityBook value | $1.3B | $2.5B |
| Total Assets | — | $47.8B |
| Debt / EquityLower = less leverage | 0.98× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $272.2M | — | ||
| Q4 25 | $389.9M | $1.6B | ||
| Q3 25 | $314.3M | $1.6B | ||
| Q2 25 | $301.5M | $1.3B | ||
| Q1 25 | $259.0M | $1.3B | ||
| Q4 24 | $370.3M | $1.4B | ||
| Q3 24 | $323.0M | $1.3B | ||
| Q2 24 | $564.8M | $1.2B |
| Q1 26 | $1.3B | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.3B | $2.5B | ||
| Q3 25 | $1.2B | $2.4B | ||
| Q2 25 | $1.2B | $2.0B | ||
| Q1 25 | $1.2B | $1.9B | ||
| Q4 24 | $1.3B | $1.8B | ||
| Q3 24 | $1.2B | $1.7B | ||
| Q2 24 | $1.2B | $1.6B |
| Q1 26 | — | — | ||
| Q4 25 | $3.5B | $47.8B | ||
| Q3 25 | $3.4B | $45.3B | ||
| Q2 25 | $3.4B | $34.3B | ||
| Q1 25 | $3.3B | $31.3B | ||
| Q4 24 | $3.3B | $29.6B | ||
| Q3 24 | $3.3B | $27.5B | ||
| Q2 24 | $3.5B | $25.9B |
| Q1 26 | 0.98× | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $-1.3B |
| Free Cash FlowOCF − Capex | $-63.1M | $-1.3B |
| FCF MarginFCF / Revenue | -9.1% | -106.4% |
| Capex IntensityCapex / Revenue | 6.4% | 1.3% |
| Cash ConversionOCF / Net Profit | — | -9.08× |
| TTM Free Cash FlowTrailing 4 quarters | $180.4M | $3.5B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $160.4M | $-1.3B | ||
| Q3 25 | $105.0M | $3.5B | ||
| Q2 25 | $82.0M | $1.5B | ||
| Q1 25 | $7.4M | $-154.5M | ||
| Q4 24 | $174.7M | $-477.8M | ||
| Q3 24 | $91.7M | $192.6M | ||
| Q2 24 | $83.0M | $-622.1M |
| Q1 26 | $-63.1M | — | ||
| Q4 25 | $121.3M | $-1.3B | ||
| Q3 25 | $65.3M | $3.5B | ||
| Q2 25 | $56.9M | $1.5B | ||
| Q1 25 | $-24.8M | $-169.8M | ||
| Q4 24 | $116.4M | $-491.4M | ||
| Q3 24 | $67.2M | $175.9M | ||
| Q2 24 | $61.0M | $-640.5M |
| Q1 26 | -9.1% | — | ||
| Q4 25 | 16.8% | -106.4% | ||
| Q3 25 | 9.4% | 10.7% | ||
| Q2 25 | 8.5% | 173.3% | ||
| Q1 25 | -4.0% | -20.7% | ||
| Q4 24 | 17.5% | -74.1% | ||
| Q3 24 | 10.3% | 0.6% | ||
| Q2 24 | 10.1% | -112.0% |
| Q1 26 | 6.4% | — | ||
| Q4 25 | 5.4% | 1.3% | ||
| Q3 25 | 5.7% | 0.1% | ||
| Q2 25 | 3.7% | 1.9% | ||
| Q1 25 | 5.2% | 1.9% | ||
| Q4 24 | 8.8% | 2.1% | ||
| Q3 24 | 3.7% | 0.1% | ||
| Q2 24 | 3.6% | 3.2% |
| Q1 26 | — | — | ||
| Q4 25 | 2.36× | -9.08× | ||
| Q3 25 | 1.85× | 41.18× | ||
| Q2 25 | 1.34× | 23.52× | ||
| Q1 25 | 0.14× | -2.15× | ||
| Q4 24 | 2.99× | -5.61× | ||
| Q3 24 | 1.71× | 2.51× | ||
| Q2 24 | 1.69× | -10.05× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
